News at a Glance
SBI reduces bulk deposit rates
On Wednesday, the State Bank of Indi has reduced bulk deposit rates by 1.9 percent, making the most of increased deposits following demonetization of Rs 500 and Rs 1000 notes.
Posted On :24/Nov/2016 4:52:44 PM
Government servants should submit Prior Intimation Letter to obtain passport
Personnel and Administrative Reforms Department of Tamil Nadu State Government has mentioned as follows: In the Government Order No 117, amendments were issued to Rule 24 A of the Tamil Nadu Government.
Posted On :24/Nov/2016 12:51:24 PM
82,500 new ATMs to facilitate public with more funds
Out of the 2.2 lakh ATM centres present across India, 82,500 of them are set to get shifted so as to disperse new Rs 500 and Rs 2000 notes. In his statement about this, Rithuraj Sinha, said,
Posted On :23/Nov/2016 4:14:27 PM
Government employees will not be paid their salary as cash
Shaktikanta Das, the Secretary of Economic Affairs has announced that government employees will not be credited with their salary amount as cash. With this, the plea to pay salary as cash is getting rejected.
Posted On :23/Nov/2016 3:57:09 PM
Rs.500/Rs.1000 notes not valid for small saving schemes
The finance ministry has announced that the demonetized 500 and 1000 rupees notes cannot be deposited in the savings bank accounts of the post offices.While demonetized currency notes are valid for medical bills.
Posted On :23/Nov/2016 1:12:38 PM
Withdraw Rs 2000 cash at Big Bazaar
When people are thronging for money after the demonetization, there was some good news when the government recently allowed the withdrawal of cash of up to a limit of Rs 2,000 by swiping debit cards.
Posted On :23/Nov/2016 12:51:11 PM
Special dispensation for small merchants
The Reserve Bank of India, RBI, today introduced special dispensation for small merchants and doubled the limit of semi-closed Prepaid Payment Instruments, or PPIs, Rs. 20,000 to facilitate digital transactions.
Posted On :23/Nov/2016 12:16:33 PM
Gold rate increased Rs.8 per sovereign
The cost of gold has increased Rs.8 per sovereign on Wednesday morning (Nov 23, 2016).A sovereign was worth Rs.22848.00 and a gram was Rs.2856.00.The cost of 1 gram of pure gold (24K) is now Rs.3001.00.
Posted On :23/Nov/2016 10:38:53 AM
Parking fee waived at airports in view of demonetization
Since there is shortage of cash due to demonetization, the central government has mentioned that no parking charges will be collected by the airports in the country. Earlier this was done till 21st but now the government has extended till 28th November.
Posted On :23/Nov/2016 10:19:35 AM
Indian Bank waives the rental charges of POS swipe machines
Indian Bank has announced that it has waived the rental charges of POS swipe machines for the merchants in order to encourage the people to use digital transactions.In a press release the Indian Bank has mentioned.
Posted On :23/Nov/2016 10:07:09 AM
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